SOURCE: REXEL

May 20, 2010 12:29 ET

REXEL : REXEL STRENGTHENS ITS SUPERVISORY BOARD

PARIS--(Marketwire - May 20, 2010) - Rexel, a global leader in the distribution of electrical supplies, held its Shareholders' Assembly today in Paris.

All the resolutions submitted to shareholder vote were approved by a large majority.

In particular, shareholders approved the appointment to Rexel's Supervisory Board of Françoise Gri and Amaury Hendrickx. Mrs. Gri becomes the fourth independent director on Rexel's Supervisory Board, which now counts 12 members.

Françoise Gri has been the President of Manpower France and a member of the Group Manpower's Executive Management team since 2007. Before joining Manpower, Françoise Gri worked at IBM where she successively held the positions of Sales Representative, Account Manager and Sales Manager (1982-1989), Executive Assistant to the President of IBM France (1990), VP Government and Public Sector at IBM France (1991-1997), VP e- Business Solutions division, VP Sales Support and Operations division and VP Marketing and Channels division at IBM EMEA (1996-2000), VP Sales Operations division at IBM EMEA (2000-2001) and President of IBM France (2001-2007). In 2007-2008, Françoise Gri was also a member of the Board of Directors of Aker Yards (renamed STX Europe, a South Korean shipbuilding company). Françoise Gri is a member of the Board of Directors of Ecole Centrale, Paris, a member of the Ethics Committee of the MEDEF, a member of the Board of Directors of Institut de l'Entreprise. Françoise Gri received the title of Chevalier de l'Ordre National de la Légion d'Honneur and the title of Chevalier de l'Ordre National du Mérite. In 2009, for the sixth consecutive year, Françoise Gri was selected by Fortune Magazine for its list of the "50 Most Powerful Women in Business - International". Françoise Gri earned a Master of Science in Computer Engineering from Ecole Nationale Supérieure d'Informatique et Mathématiques Appliquées (ENSIMAG) in Grenoble, France.

Amaury Hendrickx joined Merrill Lynch in 2004 and is a director of Merrill Lynch Global Private Equity. Prior to joining Merrill Lynch, Amaury Hendrickx worked at Alpinvest Partners focusing on private equity transactions in the Benelux countries and Germany. Previously, Amaury Hendrickx co-founded a financial software company and spent three years in the investment banking division of Bankers Trust/Deutsche Bank in London. Amaury Hendrickx holds a business degree from the KUL University of Belgium and an MBA from the University of Chicago.

Amaury Hendrickx is, as of the date of this press release, a director of Merrill Lynch Global Private Equity, a director of Ktesios, a director of ML Infrastructure Holdings Sarl and a member of the Management Board of Ray Investment.

Rexel, a global leader in the distribution of electrical supplies, serves three main end markets: industrial, commercial and residential. The Group operates in 34 countries, with a network of some 2,200 branches, and employs 28,000 people. Rexel's sales were €11.3 billion in 2009. Its majority shareholders are an investor group led by Clayton, Dubilier & Rice, Eurazeo and BAML Capital Partners.

Rexel is listed on the Eurolist market of Euronext Paris (compartment A, ticker RXL, ISIN code FR0010451203). It is integrated in the following indices: NEXT 150, SBF 120, and CAC Mid 100.

For more information, visit Rexel's web site at www.rexel.com


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